2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Cyprus-Mexico Trade: In 2023, Cyprus exported $5.7M to Mexico. The main products that Cyprus exported to Mexico were Packaged Medicaments ($3.25M), Video Displays ($1.32M), and Fruit Juice ($195k). Over the past 5 years the exports of Cyprus to Mexico have decreased at an annualized rate of 20%, from $17.4M in 2018 to $5.7M in 2023.

In 2019, Cyprus exported services to Mexico worth $1.12M, with Financial services ($1.12M) being the largest in terms of value.

Mexico-Cyprus Trade: In 2023, Mexico exported $9.3M to Cyprus. The main products that Mexico exported to Cyprus were Computers ($1.32M), Tractors ($1.3M), and Orthopedic Appliances ($1.07M). Over the past 5 years the exports of Mexico to Cyprus have increased at an annualized rate of 3%,  from $8.02M in 2018 to $9.3M in 2023.

In 2023, Mexico did not export any services to Cyprus.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $5.7M to Mexico. The main products exported from Cyprus to Mexico were Packaged Medicaments ($3.25M), Video Displays ($1.32M), and Fruit Juice ($195k). During the last 5 years the exports of Cyprus to Mexico have decreased at an annualized rate of 20%, from $17.4M in 2018 to $5.7M in 2023.

In 2018, Mexico exported $9.3M to Cyprus. The main products exported from Mexico to Cyprus were Computers ($1.32M), Tractors ($1.3M), and Orthopedic Appliances ($1.07M). During the last 5 years the exports of Mexico to Cyprus have increased at an annualized rate of 3%, from $8.02M in 2023 to $9.3M in 2018.

Exports from Cyprus (Flag) to Mexico (Flag) (2023)

Exports from Mexico (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Mexico (Flag)

Cyprus Exports

Mexico Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Mexico
Top Destination
United States$456B

This map shows whether countries import more from Cyprus or Mexico. Each country is colored based on the difference in imports they receive from Cyprus and Mexico or the difference in the growth in imports.

In 2023, countries that imported more from Cyprus than Mexico included Libya ($775M), Greece ($626M), and Bermuda ($403M).

In 2023, countries that imported more from Mexico than Cyprus included United States ($456B), Canada ($33B), and China ($15B).

Difference in imports from Mexico (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Mexico

Flow
Scale

This chart compares trade between Cyprus and Mexico by product, considering products traded by both, Cyprus and Mexico.

During 2023, Cyprus had a large net trade with Mexico in the exports of Chemical Products ($3.25M), Machines ($1.64M), and Footwear and Headwear ($251k).

During 2018, Mexico had a large net trade with Cyprus in the exports of Transportation ($2.46M), Machines ($2.21M), and Instruments ($1.58M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Mexico. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Mexico (Flag) (2023)

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